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Dec 27, 2012
12/12
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that support systems want to put in place too make the port more productive to lower-cost, that is what i- s happening. it is happening in every industry in america and they are doing those kind of things that could take one worker rather than two. the unions hate it. eric: i think of the hostess to strike, the big thanksgiving strike happening on the west coast during the busy travel. time, back-to-school time, andet these unions with relatively few amount of people, workers, laborers, members are crippling big portions of the americanport economy. >> it is because they are riding on a high horse. the unions had a good election in 2012 in november and now they wanty payback. they feel they have politicians in n high places not just the white house but congress and some of the state legislatures that will back them and in these demands.gero it is very dangerous situation the economy, but also you think industries you mentioning, the public employee unions, what do they have in common? they're not making money, postal service virtually bankruptedoney them a few years ago. the only way th
that support systems want to put in place too make the port more productive to lower-cost, that is what i- s happening. it is happening in every industry in america and they are doing those kind of things that could take one worker rather than two. the unions hate it. eric: i think of the hostess to strike, the big thanksgiving strike happening on the west coast during the busy travel. time, back-to-school time, andet these unions with relatively few amount of people, workers, laborers, members...
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Dec 20, 2012
12/12
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and i'm going to give them the biggest hug and kiss i have ever given them. and there are 20 families in new port, connecticut, walking into a pink room with nobody laying in those beds, and it is tragic. and i don't know what needs to be done. i'm not smart enough to know what needs to be done, i know this country has issues. is it a gun issue or mental health issue? or is it a society that understands that our families are important. i didn't vote for president obama, he is my president, my leader, i need him to step up. the speaker of the house, john boehner, he needs to step up, parents, teachers, rabbis, priests, coaches. everybody needs to step up. this has to be a time for change. and i know this microphone is powerful right now because we're playing the fourth best team in the country. i wouldn't have a microphone like this the rest of my year, maybe the rest of my life. and i'm going to be an agent of change for the kids i coach, the girls i get to raise. hopefully things start to change, because it is really disappointing. i'm proud to grow up in am
and i'm going to give them the biggest hug and kiss i have ever given them. and there are 20 families in new port, connecticut, walking into a pink room with nobody laying in those beds, and it is tragic. and i don't know what needs to be done. i'm not smart enough to know what needs to be done, i know this country has issues. is it a gun issue or mental health issue? or is it a society that understands that our families are important. i didn't vote for president obama, he is my president, my...
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Dec 15, 2012
12/12
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a new port reveals how the cuban embargo is shutting business out of a huge investing opportunity. the man behind this study explains why coming up. >>> plus safety regulators are expected to mandate black box recorders in all new vehicles. w am i going to speed? how are we going to speed? will it cost you personal privacy? is it out the window? details coming up on that. do you ever have too much money? [beep] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created with heartbeats of children in need. find out how it can help frontline health workers bring hope to millions of children at everybeatmatters.org. adam: we're approaching the bottom of the hour and for 50 years the united states has been unable to trade or do business with cuba. the government, the u.s. government, placed an embargo on cuba after fidel castro seized power but here it is, just 90 miles off the coast of into and my n
a new port reveals how the cuban embargo is shutting business out of a huge investing opportunity. the man behind this study explains why coming up. >>> plus safety regulators are expected to mandate black box recorders in all new vehicles. w am i going to speed? how are we going to speed? will it cost you personal privacy? is it out the window? details coming up on that. do you ever have too much money? [beep] [speaking foreign language] [heart beating] [heartbeat continues] [faint...
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Dec 6, 2012
12/12
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the strike that shut down the ports of los angeles and long beach paralleled the generational skirmishes that have ripped through factory shops. cargo companies and ports want to cut costs and automate operations to compete with aggressive rivals in canada and south america. that is pitting them against unions, which are struggling to reserve high-paying jobs for the middle-class members. it was resolved late tuesday, according to this article. here is the front page of the press." feet frefree state says detroit out of time to fix its fiscal mess. falling revenues and rising expenses. the state of michigan delivered an abrupt ultimatum to the city wednesday. move quickly toward reform, or an emergency financial manager will be reported. -- a ppointed. -- appointed. dana in california, republican. caller: i'm 56 years old. i live in california. i can give the perspective of what has happened in my state and the economy and all that stuff. back in 1982, i was making $8.50 an hour. but i have seen happen in my state and happening in more, not just illegal immigrants, but our children. i ha
the strike that shut down the ports of los angeles and long beach paralleled the generational skirmishes that have ripped through factory shops. cargo companies and ports want to cut costs and automate operations to compete with aggressive rivals in canada and south america. that is pitting them against unions, which are struggling to reserve high-paying jobs for the middle-class members. it was resolved late tuesday, according to this article. here is the front page of the press." feet...
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Dec 1, 2012
12/12
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he's supporting and the port city of alexandria where the supporters of president morsi are clashing with opponents and thousands of his supporters taking part in nationwide rallies. and they're organized by the muslim brotherhood has taken charge and steve harrigan is there and streaming live for us from cairo right now. steve? >> it's really two different sets of demonstrations going on. there's the group behind me at tahrir square and those are people against president morsi, but today for the first time we've seen a much larger group, mainly supported by the muslim brotherhood and they're coming in in support of president morsi and that group is a mile and a half from where i'm standing, a lot of men, people carrying-- and strong show of support port those, and he pushed through a draft constitution on friday and the next move is likely a referendum within two week's time and mr. morsi says once those are adopted those took on by himself will be void. whether that will be enough for the morsi protesters behind me? the numbers are down from past days. back to you in new york. >> j
he's supporting and the port city of alexandria where the supporters of president morsi are clashing with opponents and thousands of his supporters taking part in nationwide rallies. and they're organized by the muslim brotherhood has taken charge and steve harrigan is there and streaming live for us from cairo right now. steve? >> it's really two different sets of demonstrations going on. there's the group behind me at tahrir square and those are people against president morsi, but today...
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Dec 30, 2012
12/12
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CSPAN
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source, at the domestic mine or the port of entry, and the money would be distributed 100% to the public on equal amount to each legal resident of the country on a per capita basis. that would provide the -- that's what is essential. as long as fossil fuels are the cheapest energy, then people will keep burning them, and they're only cheaper because they -- partly they're subsidized, but mainly because they don't pay their costs to society. so the air and water pollution that they produce causes lots of health problems and about 40,000 deaths a year at the united states and about a million worldwide. all those health costs are born by the public, not by the fossil fuel companies. the climate costs, which are already enormous, $50 billion for new york, from sandy, $50 billion in new jersey, the drought last summer, these are -- these have enormous costs. who pays those? the taxpayers, basically. >> that drought alone took half a point off of the gep growth - the gdp growth from estimates. >> yeah. so those costs are not built into the fossil fuels, and they should be. and the way -- so wh
source, at the domestic mine or the port of entry, and the money would be distributed 100% to the public on equal amount to each legal resident of the country on a per capita basis. that would provide the -- that's what is essential. as long as fossil fuels are the cheapest energy, then people will keep burning them, and they're only cheaper because they -- partly they're subsidized, but mainly because they don't pay their costs to society. so the air and water pollution that they produce...
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Dec 14, 2012
12/12
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CSPAN
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the states cut back on services for these people, and the disabled and the port will go without health care. your idea is not going to succeed. that was one of the issues of the presidential campaign, and you lost. we have medicaid. let's accept that fact. you are running the programs, you ought to be supporting the program are running. the medicaid expansion of the affordable care act is a step forward for the health-care system that will improve the lives of tens of millions of americans. the expansion will reduce care costs in states around the country and will provide states with extremely generous enhanced match rate from the federal government. we crafted this piece of the affordable care act to ensure medicaid expansion would not only be good for americans health but for the health of state budgets. a new report from the kaiser family foundation shows just how beneficial the expansion will be two states around the country. the report found over the next decade with the federal government paying for well over 90% of the cost, arkansas will reduce the uninsured population by nearl
the states cut back on services for these people, and the disabled and the port will go without health care. your idea is not going to succeed. that was one of the issues of the presidential campaign, and you lost. we have medicaid. let's accept that fact. you are running the programs, you ought to be supporting the program are running. the medicaid expansion of the affordable care act is a step forward for the health-care system that will improve the lives of tens of millions of americans. the...
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across the port foal low, and we've been long, dividend paying stocks for sometime, and that's the place to be, but we've enjoyed nice returns on not just the developed market stocks, but e emerging markets. we'll begin to move the balance more overseas because we like the evaluations, and the growth rates are far superior. that will help the portfolio if there's a problem with congressional decision making, which wouldn't be a shocker at this point. tracy: not to anyone. what are we considering emerging these days? what countries, in particular, are you looking at? >> well, it's always going to be the brick, you know, the emerging market there, and it's interesting to note also the shanghai index reached another four year low the other day. there's concern in china about the slope of the growth rate so that probably provides a good opportunity, again, to be investing in the emerging markets. tracy: you like gold and miners as well. high numbers on gold. room to grow though? >> it really does because what's going on here why are all stocks doing so well when we know full well that we're
across the port foal low, and we've been long, dividend paying stocks for sometime, and that's the place to be, but we've enjoyed nice returns on not just the developed market stocks, but e emerging markets. we'll begin to move the balance more overseas because we like the evaluations, and the growth rates are far superior. that will help the portfolio if there's a problem with congressional decision making, which wouldn't be a shocker at this point. tracy: not to anyone. what are we...
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Dec 8, 2012
12/12
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made in ports and in bridges and roads. and structural -- structures all across these big cities. and then they're planning other cities. put 2 million people here, put 5 million people here in cities. >> extraordinary. >> so it is almost overwhelming. >> yes. i know that you traveled there with "fortune" magazine's reporter. he was on here earlier this week and said there were two things that people wanted to know most about. that was our fiscal cliff situation and whether or not hillary clinton is going to run for president in 2016. so i want to start with the cliff first. what were the concerns? >> the concerns were that the united states of america, the great nation that we are, the largest economy in the world. and the world is watching to see. i was asked directly, what's going on in washington. they're concerned about gridlock as well as many americans are. and i try to give some explanation as to what the president is proposing, the fact that everyone agrees that middle class tax rates should go down and those cuts
made in ports and in bridges and roads. and structural -- structures all across these big cities. and then they're planning other cities. put 2 million people here, put 5 million people here in cities. >> extraordinary. >> so it is almost overwhelming. >> yes. i know that you traveled there with "fortune" magazine's reporter. he was on here earlier this week and said there were two things that people wanted to know most about. that was our fiscal cliff situation and...
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Dec 4, 2012
12/12
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they have big business with the ports in california. they also are worried about the fiscal cliff. i have known russell for years. >> we'll see you tonight. >> thank you. >> 6:00 and 11:00 eastern time. the president meeting with governor this is morning about the fiscal cliff. two former governors will offer their perspective. plus, more on what bank of america's brian moynihan told becky this morning. more "squawk on the street" in just a moment. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. i have obligations.
they have big business with the ports in california. they also are worried about the fiscal cliff. i have known russell for years. >> we'll see you tonight. >> thank you. >> 6:00 and 11:00 eastern time. the president meeting with governor this is morning about the fiscal cliff. two former governors will offer their perspective. plus, more on what bank of america's brian moynihan told becky this morning. more "squawk on the street" in just a moment. try running...
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Dec 27, 2012
12/12
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the impact of the ports shutting down again is not just localized to port but nationwide on everybody else who relies on the ports to move the nation's commerce. adam: jonathan gold, supply chain and customs policy for the national retail federation. thanks for being with us on this wednesday evening. >> thanks very much. adam: a high-stakes lawsuit by the nfl, the nba and other major sports leagues get a key green light from a federal judge. how it could bring legalized sports gambling in new jersey to a screeching halt and how the garden state is preparing to fight back. that is coming up next. at the end of the day it is always about money. excuse me, sir i'm gonna have to ask you to wer down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click ay with our free mob
the impact of the ports shutting down again is not just localized to port but nationwide on everybody else who relies on the ports to move the nation's commerce. adam: jonathan gold, supply chain and customs policy for the national retail federation. thanks for being with us on this wednesday evening. >> thanks very much. adam: a high-stakes lawsuit by the nfl, the nba and other major sports leagues get a key green light from a federal judge. how it could bring legalized sports gambling...
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Dec 3, 2012
12/12
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jane wells is live at the port of los angeles with the very latest. jane? >> reporter: hey melissa. negotiations are expecteded to start up again this morning but that's not stopping the strike. you have 800 clerical workers that walked out after not having a contract for over two years. it's the longshoremen honor the picket line that has brought everything to a standstill. the national retail federation is asking the president to interve intervene. the work stoppage is increasing shipping costs a billion a delay. each day of the strike affects 0.1 of 1% of far east north american shipping volume. an east port strike is also looming if an agreement is not reached by december 29th. cargo airlines, china, korean air and the union is striking to make sure that jobs performed by union workers stay union jobs after these workers retire. management says they don't want to do that. they call it featherbedding and claim they offered compensation packages for senior employees worth $109,000. time off for most senior people for 11 weeks and guaranteed job security. i'm hold ttold the average
jane wells is live at the port of los angeles with the very latest. jane? >> reporter: hey melissa. negotiations are expecteded to start up again this morning but that's not stopping the strike. you have 800 clerical workers that walked out after not having a contract for over two years. it's the longshoremen honor the picket line that has brought everything to a standstill. the national retail federation is asking the president to interve intervene. the work stoppage is increasing...
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Dec 26, 2012
12/12
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FBC
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the impact of the ports shutting down again is not just localized to port but nationwide on everybody else who relies on the ports to move the nation's commerce. adam: jonathan gold, supply chain and customs policy for the national retail federation. thanks for being with us on this wednesday evening. >> thanks very much. adam: a high-stakes lawsuit by the nfl, the nba and other major sports leagues get a key green light from a federal judge. how it could bring legalized sports gambling in new jersey to a screeching halt and how the garden state is preparing to fight back. that is coming up next. at the end of the day it is always about money. ♪ . adam: talk about throwing a curveball at sports betting? a federal judge has ruled major sports leagues and the ncaa can sue new jersey to block its legalization of sports betting. now they claim letting people bet on sports in new jersey will cause serious damage to their respective sports. but my next guest couldn't disagree more. with me is the meadowlands racetrack. welcome to you, sir. just to give people background on this, four year
the impact of the ports shutting down again is not just localized to port but nationwide on everybody else who relies on the ports to move the nation's commerce. adam: jonathan gold, supply chain and customs policy for the national retail federation. thanks for being with us on this wednesday evening. >> thanks very much. adam: a high-stakes lawsuit by the nfl, the nba and other major sports leagues get a key green light from a federal judge. how it could bring legalized sports gambling...
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Dec 30, 2012
12/12
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compliance with such a limit would be easy to check at the ports or elsewhere using simple handheld devices. the senate amendment before us today preserves all of these key aspects of the house bill making only a few minor changes. notably, the senate amendment provides that the cpsc may only enforce a voluntary sulfur limit if it is adopted by specified standard setting body. this responds to a concern that the voluntary sulfur limit to be a true consensus standard, that is the product of an open process that allows for participation of industry and consumers alike. mr. speaker, the senate amendment does not undercut the house-passed version of the bill, nor does it add any unnecessary government regulation. therefore, i strongly urge the adoption of h.r. 4212 and reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentlewoman from new york, ms. hochul is recognized. ms. hochul: i speak about the amended version the drywall safety act of 2012 returned to this chamber by the senate. the speaker pro tempore: the gentlelady is recognize
compliance with such a limit would be easy to check at the ports or elsewhere using simple handheld devices. the senate amendment before us today preserves all of these key aspects of the house bill making only a few minor changes. notably, the senate amendment provides that the cpsc may only enforce a voluntary sulfur limit if it is adopted by specified standard setting body. this responds to a concern that the voluntary sulfur limit to be a true consensus standard, that is the product of an...
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Dec 22, 2012
12/12
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FBC
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the fact that ports were becoming more automated and less union workers were needed of the so they paid the this royalty to help ease them into the transition, that you just needed fewer workers because that is how society works. things get more automated. we're more productive. it is good. our economy gets bigger. here we are 40, 50 years, later this royalty started out has ballooned to a big payout for these unions. and they have made no progress in the sense that, you know this is all put in place to address the fact that machines were there and we don't need the workers. neil: then the issue ppls, professor, right, that for the nt of helping these unions you don't mind sticking it to consumers and the rest of the country who will end up having to pay more for goods that they're entitled to find and get at stores. that ey now they won't be able to find and get at stores? >> let's free name a little bit. the port is being intransigent not giving them a living decent wage. so and in terms of this cutback, it actually affect their health care. we're talking about an industry where the w
the fact that ports were becoming more automated and less union workers were needed of the so they paid the this royalty to help ease them into the transition, that you just needed fewer workers because that is how society works. things get more automated. we're more productive. it is good. our economy gets bigger. here we are 40, 50 years, later this royalty started out has ballooned to a big payout for these unions. and they have made no progress in the sense that, you know this is all put in...
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Dec 6, 2012
12/12
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the port strike. you helped broker this deal. workers are back on the job. is this looking like it will be permanent and more importantly for the rest of the country are they going to get their things this holiday season? >> this was something i was working on for 2 1/2 years. we actually avoided a strike on a number of occasions. they finally couldn't come together. they went on strike. i asked the parties to mediate and bring in a federal mediator. i've been asking for that for sometime. i decided to cut my trip short. a trip that i had in latin america promoting the port and the airport and trade with latin america and said to them that they needed to work around the clock to get this done. when i got there, i said, look, he'll stay here all night and into the next night and after that because we can't afford a billion dollar a day loss to the u.s. economy. >> can you get the backlog up and running? will the store shelves be filled up again and will back orders be filled? >> it will take five or six days to do that and then we got to work around the clock
the port strike. you helped broker this deal. workers are back on the job. is this looking like it will be permanent and more importantly for the rest of the country are they going to get their things this holiday season? >> this was something i was working on for 2 1/2 years. we actually avoided a strike on a number of occasions. they finally couldn't come together. they went on strike. i asked the parties to mediate and bring in a federal mediator. i've been asking for that for...
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Dec 22, 2012
12/12
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FBC
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seems like the market could take care of this particular problem at the ports if we would let it work rather than having a union in the middle artificially gumming up the works. neil: we can go back and forth on the need for this but i guess i'm talking about here post the election, you can't argue, melissa, you feel unions did carry the president over the finish line. >> of course. neil: they got out of the vote. whatever people saying they are losing their influence they didn't lose their influence to get people going to the polls. they have a president indebted to them. democratic majority in the senate hasn't forgotten them. they have sympathizers, powerful ones. >> i don't know about that. all of that relied upon money. they needed money to donate to the campaigns as they stay in charre. if you see more states dues are not all click -- automatically deducted from the paychecks and people have the choice to join the union. i don't know houfl influence they maintain over time as we see more states become right to work. neil: professor, do you wonder the pr nature? some of the peopl
seems like the market could take care of this particular problem at the ports if we would let it work rather than having a union in the middle artificially gumming up the works. neil: we can go back and forth on the need for this but i guess i'm talking about here post the election, you can't argue, melissa, you feel unions did carry the president over the finish line. >> of course. neil: they got out of the vote. whatever people saying they are losing their influence they didn't lose...
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Dec 21, 2012
12/12
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CNBC
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received 6 million euros out of a 9 million euro commission for his work and was seeking to recover the rest of what he was owed. that yacht was impounded and will remain in amsterdam in that port there pending payment by lawyers representing jobs' estate. >> you know what? i got to tell you, i had a dinner, we were talking about this a month and a half ago. >> i remember you telling me about that. >> still to come this morning, the "squawk box" trading block is going to get you ready for the trading day ahead. the top of the hour, we've also got former council of economic advisers austan goolsbee. he's going to join us. "squawk" is coming right back. >> up next, blackberry's ceo thorsten heins on the company's quarterly results, and the future of blackberry. it's an interview you can't afford to miss. and it's right here on "squawk box." >> move over sleeping cat videos, this will be the year of professional videos. so youtube will invest more in its digital studio partners, helping them draw viewers and add dollars. >> on the flip side, broadcast networks will invest more in sports an
received 6 million euros out of a 9 million euro commission for his work and was seeking to recover the rest of what he was owed. that yacht was impounded and will remain in amsterdam in that port there pending payment by lawyers representing jobs' estate. >> you know what? i got to tell you, i had a dinner, we were talking about this a month and a half ago. >> i remember you telling me about that. >> still to come this morning, the "squawk box" trading block is...
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Dec 7, 2012
12/12
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we've reported on this show a whole bunch of strikes, including the hostess twinkie companies, the ports of los angeles and out on the west coast. we have obama in the white house. the unions are going whild here. in all seriousness, i don't think unions are any more placid here than they are in china. >> but in china, workers go out on wildcat strikes all the time. foxconn which manufactures about 97% of apple's products, they've been really subject to labor troubles, from suicides to strikes. so i think apple is starting to see that there are some really important economic reasons to manufacturing. they're not the only company doing that. >> is it robots they're going -- i was told that apple is going into a plant in the u.s. that's a robotic plant so american workers aren't really going to be hired. >> last year in foxconn, they had 10,000 robots. if you have robots, china's cost manufacturing advantage is really nil except for chinese consumers. >> as long as we keep drilling for natural gas and we have the shale revolution, that's going to make us more competitive. i'm not making a
we've reported on this show a whole bunch of strikes, including the hostess twinkie companies, the ports of los angeles and out on the west coast. we have obama in the white house. the unions are going whild here. in all seriousness, i don't think unions are any more placid here than they are in china. >> but in china, workers go out on wildcat strikes all the time. foxconn which manufactures about 97% of apple's products, they've been really subject to labor troubles, from suicides to...
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Dec 28, 2012
12/12
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ports on the east and gulf coasts. it would be a big deal for the nation's economy if the international longshoreman's association does strike. the contract was due to expire a minute after midnight sunday, but good news, good news today as both parties agree to a partial deal to keep talking. they were able to work out a major sticking point that extends the contract for a month. so stay tuned. >>> more water is drastically needed in the mississippi river. the need is so dire, barge traffic may shut down as early as next week. that means thousands of shippers may lose their jobs. water levels and ice forming in the river right now makes it difficult for the ships to pass through. ships carry about $7 billion in goods on the river in december and in january. that's according to bloomberg report. i want to bring in chad myers now. how will the current weather situation play into this? will the river get the help it needs? >> no. not in the places that need it. remember we talked about the rain, all this snow that is goi
ports on the east and gulf coasts. it would be a big deal for the nation's economy if the international longshoreman's association does strike. the contract was due to expire a minute after midnight sunday, but good news, good news today as both parties agree to a partial deal to keep talking. they were able to work out a major sticking point that extends the contract for a month. so stay tuned. >>> more water is drastically needed in the mississippi river. the need is so dire, barge...
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Dec 28, 2012
12/12
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goods out of the port? >> you have containers being held in yards around the houston area, specifically, so you're going to see stores are going to have problems stocking. >> reporter: negotiations between the international longshoremen's union and the shipping companies are deadlocked over a proposal to cut royalties paid to 15,000 dock workers for each ton of cargo they move. a shutdown would affect 15 ports on the east and gulf coasts, including new york, baltimore, miami and houston. the ports handle nearly 50% of all oceangoing container shipments to the united states. some estimate a shutdown could cost a billion dollars a day in delayed shipments and lost work along the supply chain. independent truck driver jose espinoza hauls shipments in and out of houston's port. >> next week, it means i'm going to be out of business. that's because if i don't work, i don't get paid. bottom line is, everybody is worried about it. and if the strike happens, we're going to be in trouble, financially speaking. >> re
goods out of the port? >> you have containers being held in yards around the houston area, specifically, so you're going to see stores are going to have problems stocking. >> reporter: negotiations between the international longshoremen's union and the shipping companies are deadlocked over a proposal to cut royalties paid to 15,000 dock workers for each ton of cargo they move. a shutdown would affect 15 ports on the east and gulf coasts, including new york, baltimore, miami and...
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Dec 11, 2012
12/12
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KTVU
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on a story we brought you on the misuse of funds that port of oakland. ktvu channel 2 news has got an internal audit. ktvu's noelle walker joins us live to break it down. >> reporter: this is the port of oakland's internal audit. ktvu channel 2 news has been asking for this because it details spending abuses. >> reporter: today ktvu received a audit that details officials misusing funds. some may have broken state and federal laws. we spoke with the director. >> we have talked to the federal agencies because of our concern and we look forward to addressing those issues. >> the audit says some of the credit card holders skirted limits. spending more than $67,000 in gifts. $50,000 in expenses may expose the port to tax liabilities and more than $19,400,000 in questionable port expenses that included a concert and more internal controls are needed. spending limits are too high and some are letting other staff use their visas. management's response? they don't have enough resources for review of expense reports. >> it is something we take seriously and are n
on a story we brought you on the misuse of funds that port of oakland. ktvu channel 2 news has got an internal audit. ktvu's noelle walker joins us live to break it down. >> reporter: this is the port of oakland's internal audit. ktvu channel 2 news has been asking for this because it details spending abuses. >> reporter: today ktvu received a audit that details officials misusing funds. some may have broken state and federal laws. we spoke with the director. >> we have talked...
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Dec 2, 2012
12/12
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MSNBCW
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in 1855, more than 50% of the population of new york, the first port of call for the majority of immigrants, was foreign-born. but attitudes were changing. toward the end of the 19th sentry, just 1.6% of immigrants were asian. but apparently that was enough to push congress to pass the chinese exclusion act in 1882 restricting immigration from china for ten years. as public opinion turned against certain kinds of immigrants in the early 20th century, more legislative restrictions began to take hold. in 1924, the johnson-reid immigration act created a quota system. it puts caps on the number of immigrants that could come to the u.s. from a particular country. the act also included a provision that made certain immigrants ineligible for citizenship based on race or nationality. by the middle of the 20th septemberry, the face of immigration to the united states had begun to change. by the end of the 1970s, a third of the foreign-born population of the country hailed from latin america. today that trend has continued. in the last census, more than half of the foreign born population is from lat
in 1855, more than 50% of the population of new york, the first port of call for the majority of immigrants, was foreign-born. but attitudes were changing. toward the end of the 19th sentry, just 1.6% of immigrants were asian. but apparently that was enough to push congress to pass the chinese exclusion act in 1882 restricting immigration from china for ten years. as public opinion turned against certain kinds of immigrants in the early 20th century, more legislative restrictions began to take...
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120
Dec 27, 2012
12/12
by
FBC
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reliant on the ports as well. quickly, about a half minute. people are asking oba to step? in. can he do anything. his national labor relation board has intervened in a lot of cases so yes. the white house could intervene. they're the ones who elected the president. this is an ongoing story and a dangerous situation and we don't know what the outcome will be but it's a damn shame to come right now. >> some of the estimates are 65% of america's internaonal trade may be at risk. thank you very much. >>> a live look now at cleveland, holiday travel nightmare getting worse by the minute. we'll have an update and snap, share, sue, instagram dropping their new policy after user like kim kardashian raised a stink. why is another user in california suing? a hyhyhyhyhy the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! you want the puppy? yes! do you want a tricycle? yes! do yo
reliant on the ports as well. quickly, about a half minute. people are asking oba to step? in. can he do anything. his national labor relation board has intervened in a lot of cases so yes. the white house could intervene. they're the ones who elected the president. this is an ongoing story and a dangerous situation and we don't know what the outcome will be but it's a damn shame to come right now. >> some of the estimates are 65% of america's internaonal trade may be at risk. thank you...
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Dec 29, 2012
12/12
by
CNBC
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ports on the east coast of america? >> it would have been fairly significant if we would had a shutdown on all of the ports from the east to texas and it would affect importing, exporting, manufacturers who rely on inputs to production, farmers who are trying to get their products to market overseas, trucking companies who sold jobs to pick up containers at the ports this would have been felt fairly wide throughout the u.s. economy. >> can you put a number on it? can we look at previous shutdowns of ports and what they cost the u.s. economy on a per-dayis bahhis, for example? >> sure thing. when we look back at what happened in 2002 we had a full shutdown on the west coast with a ten-day lockout. that lockout cost the u.s. economy about $1 billion a day and it took more than six months to fully recover from. >> i have to think that a lot of retailers have already tried to make alternate plans because they were fearful this was going happen and so as a result have started to spend money. did some companies start airfreig
ports on the east coast of america? >> it would have been fairly significant if we would had a shutdown on all of the ports from the east to texas and it would affect importing, exporting, manufacturers who rely on inputs to production, farmers who are trying to get their products to market overseas, trucking companies who sold jobs to pick up containers at the ports this would have been felt fairly wide throughout the u.s. economy. >> can you put a number on it? can we look at...
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Dec 28, 2012
12/12
by
CNBC
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>> australia, actually the person who perpetrated the port arthur massacre did it within six weeks of the massacre in scotland was a copy cat. this was a person who had a record of violent behavior since childhood and managed to kill a lot of people with long guns rather than the handguns and the new prime minister of australia at that time got the provinces or states to agree on on strict gun control that he absolutely banned these guns that had been used in the crime and tightened all of the other restrictions, and i should say in australia and great britain that there was very strict gun control with these massacres and that had not stopped them and in australia, while there are not any more gun massacres there have been massacres using arson and knives and other means. >> i'm glad you raise that because we began a gun control debate last night on "the kudlow report and on my face book page we announced them and there was this outpouring of debate and there are always going to be whackos who want to do things, but if they use a knife they won't be as deadly as someone who uses a gu
>> australia, actually the person who perpetrated the port arthur massacre did it within six weeks of the massacre in scotland was a copy cat. this was a person who had a record of violent behavior since childhood and managed to kill a lot of people with long guns rather than the handguns and the new prime minister of australia at that time got the provinces or states to agree on on strict gun control that he absolutely banned these guns that had been used in the crime and tightened all...
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Dec 26, 2012
12/12
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FOXNEWSW
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reliant on the ports as well. quickly, about a half minute. people are asking obama to step? in. can he do anything. >> his national labor relation board has intervened in a lot of cases so yes. the white house could intervene. they're the ones who elected the president. this is an ongoing story and a dangerous situation and we don't know what the outcome will be but it's a damn shame to come right now. >> some of the estimates are 65% of america's international trade may be at risk. thank you very much. >>> a live look now at cleveland, holiday travel nightmare getting worse by the minute. we'll have an update and snap, share, sue, instagram dropping their new policy after user like kim kardashian raised a stink. why is another user in california suing? just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also best
reliant on the ports as well. quickly, about a half minute. people are asking obama to step? in. can he do anything. >> his national labor relation board has intervened in a lot of cases so yes. the white house could intervene. they're the ones who elected the president. this is an ongoing story and a dangerous situation and we don't know what the outcome will be but it's a damn shame to come right now. >> some of the estimates are 65% of america's international trade may be at...
SFGTV: San Francisco Government Television
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Dec 17, 2012
12/12
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SFGTV
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so what happens is the port staff and maritime they interview the different operator and is then they come back here to the board with recommendation and so we will establish a selection and panel which will include some internal staff and a lot of sternal folks based on the score of of r f q's we will come up with a selection for oral interviews all of which is over seen by the human right commission and then formerlily to your point, we will come back to the commission with a recommendation for the highest ranked firm. >> okay what i would like if you could possibly bring back two names, i think that would be good and i would like to have them come so that the commissioners we can talk it hem and sometimes we give them one but i would like two operators that are good that we can talk too i would like to do that. okay hopefully we are going to have that many hopefully more i don't that is good i hope you have ten but when you make the recommendations i would like there to be two. >> okay i'm still holding my breath. will do is there any other new business ...? public comment is there
so what happens is the port staff and maritime they interview the different operator and is then they come back here to the board with recommendation and so we will establish a selection and panel which will include some internal staff and a lot of sternal folks based on the score of of r f q's we will come up with a selection for oral interviews all of which is over seen by the human right commission and then formerlily to your point, we will come back to the commission with a recommendation...
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Dec 15, 2012
12/12
by
CSPAN
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other factors is two-income households, all the things that have become a port of our modern society. work flexibility is locational decisions. in the case of the last recession and has been the case up until today. according to karen's research the volatility of household income rose nearly 30% in the last four decades. in addition to these realities, high unemployment and underwater home values have taught us sometimes flexibility and forced people to move and not be burned by people of virtue. the 30-year mortgage doesn't provide flexibility in most cases so we have to provide the flexibility of people relative to the housing and mortgage finance. we also have to challenge the assumptions of the purchase cycle. it's important to tons purchase cycle in which you buy homes has fundamentally changed. macroconditions, the economy strong and growth was high rand house prices continued to rise. a lot of that stuff isn't true anymore. the world looks at the united states and united states looks at itself with a lower growth. if we were sitting in this room in 2003 the forecaster would hav
other factors is two-income households, all the things that have become a port of our modern society. work flexibility is locational decisions. in the case of the last recession and has been the case up until today. according to karen's research the volatility of household income rose nearly 30% in the last four decades. in addition to these realities, high unemployment and underwater home values have taught us sometimes flexibility and forced people to move and not be burned by people of...
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Dec 5, 2012
12/12
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KPIX
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the port handles a billion dollars worth of cargo a day. >> the flu season has gotten off to an early jump. and in one county in tennessee, closing classes for the rest of the week. this year's strain of the virus is more severe. >> reporter: if you haven't had your flu shot yet, now is the time. health officials say this is the earliest start of the flu season in nearly a decade. centers for disease control says alabama, louisiana, mississippi, tennessee and texas are all reporting higher than normal cases. >> we usually see flu begin to have an uptick in about four to six weeks from now. so seeing it this early could will predict not only a longer but a more severe flu season. >> federal health officials say the most common strain this year tends to make people sicker than usual but they are encouraged because this year's vaccine seems to protect against it. more than a third of the nation have already received their flu shot. the vaccine is recommended for everyone six months or older. people very young, very old or what have health problems are at greatest risk but the flu can kno
the port handles a billion dollars worth of cargo a day. >> the flu season has gotten off to an early jump. and in one county in tennessee, closing classes for the rest of the week. this year's strain of the virus is more severe. >> reporter: if you haven't had your flu shot yet, now is the time. health officials say this is the earliest start of the flu season in nearly a decade. centers for disease control says alabama, louisiana, mississippi, tennessee and texas are all reporting...
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part of it is the way the port authority port authority runs itself. another point debacle makes in another report about the price that police officers are paid. they earn more than new york city police officers. %-city police officers that are the highest-paid in the region. they are just kind of squandering the money because they are unelectable and sort of off the books. gerri: we just have no control over any of this, and that is what is so frustrating. the cool, i wanted to ask you about the track record. it's not pretty. there is a lot of money wasted. what does that say about the money from superstorm sandy and how will be used? the governors have asked for more money than ever in dealing with the aftermath of the storm or method is the same thing all over again. what governor cuomo is doing is focusing on a big number. $42 billion that he wanted from washington. he really has no idea what the damages and how much it will cost to fix the system -- the signal system in the subways. they really won't know anyone have any idea any idea how much it
part of it is the way the port authority port authority runs itself. another point debacle makes in another report about the price that police officers are paid. they earn more than new york city police officers. %-city police officers that are the highest-paid in the region. they are just kind of squandering the money because they are unelectable and sort of off the books. gerri: we just have no control over any of this, and that is what is so frustrating. the cool, i wanted to ask you about...
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Dec 27, 2012
12/12
by
WBAL
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how officials at the port of baltimore are preparing in case negotiations fail before a deadline saturday. and how you could get your hands on ravens playoff tickets. the stories a >> so, what is your favorite car -- what is your favorite color? [laughter] >> blue, by the way. light blue. there you go. >> really? >> we did not leave you lots of time. let's look to the seven-day forecast. quiet day tomorrow. typical winter day. the storm coming on saturday will not be a blockbuster evan. do not look for them to close all the streets and all that stuff. we will get some accumulation out of it. it is just hard to say exactly how much. going into 2013, the rain will be pretty quiet. >> thank you, tony. thank you, pete. thank you for joining us. we will see you back here
how officials at the port of baltimore are preparing in case negotiations fail before a deadline saturday. and how you could get your hands on ravens playoff tickets. the stories a >> so, what is your favorite car -- what is your favorite color? [laughter] >> blue, by the way. light blue. there you go. >> really? >> we did not leave you lots of time. let's look to the seven-day forecast. quiet day tomorrow. typical winter day. the storm coming on saturday will not be a...
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Dec 18, 2012
12/12
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FOXNEWSW
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port guns into the country. that's why john was arrested. there is a letter from the u.s. ambassador saying the fact that this case has been this process since august is normal. given the nature of the felony he was detained for. introducing or producing weapons of this kind in mexico regard leafs intent is illegal and considered a serious offense. the state department also says americans are arrested in mexico's every year for violating the country's gun laws. a disabled veteran has started an online facebook, free john hammer. if he is not free he faces 12 more years in a mexican prison if convicted. martha: just imagine what his family is going through, eric. thank you for the background on all of that. here with more on this case. kully simpson is a former secretary of defense, a senior legal fellow at the heritage foundation and we thank him for joining us. and apollio acosta is a former director in the embassy in mexico city. apollo, do you agree there is anyway he can be home for christmas? >> i don't see
port guns into the country. that's why john was arrested. there is a letter from the u.s. ambassador saying the fact that this case has been this process since august is normal. given the nature of the felony he was detained for. introducing or producing weapons of this kind in mexico regard leafs intent is illegal and considered a serious offense. the state department also says americans are arrested in mexico's every year for violating the country's gun laws. a disabled veteran has started an...
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Dec 19, 2012
12/12
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CNBC
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>> that is for the union and the port managers to discuss. we just want them to remain at the table. >> is it wages, health benefits? is it the usual stuff? >> everything is on the table as well as issues from what management wants as far as how to make the port more efficient. in order for both sides to reach an agreement they need to stay at the table. >> what role if any will your retail federation take? >> we have been working to education congress and others within the industries to get engaged. one only needs to look back to 2002 to see what kind of damage the disruption has on the economy. we went through a strike that we are recovering from and folks are trying to figure out what the impact was. >> how bad was 2002. it was fairly significant. the 2002 ten day lock out cost the u.s. economy $1 billion a day and took over six months to recover from. you are talking about the whole east coast. >> this is broader. it could be the global economy as well. >> all right we will leave it there. that is it for tonight's show. i will say this, u
>> that is for the union and the port managers to discuss. we just want them to remain at the table. >> is it wages, health benefits? is it the usual stuff? >> everything is on the table as well as issues from what management wants as far as how to make the port more efficient. in order for both sides to reach an agreement they need to stay at the table. >> what role if any will your retail federation take? >> we have been working to education congress and others...
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Dec 3, 2012
12/12
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CNBC
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eye 52
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the ports shut down. this is the biggest port in the country and the third largest in the world. there are alternatives. of course, the fear for people running these ports is once you get used to going oakland or mexico it is like what do i need to go to l.a. for? >> jane wells joining us from the port of l.a. long beach. >> jane getting it done. kansas city that report mentioned railroads. this is the stock we mentioned a number of times and had a tremendous run up to 84 and pulled back and another run up to 84 and pulled back. we are in the midst of that now. if this trades back down to 74.5 and 75 that is the level to buy. >> they have more south lines. >> these guys are huge. that is definitely a great call. the other part is retailers. the impact on this will be talk about 1,000 cuts. these guys will probably feel this for six months. this is what you saw from the strike of 2002. throughout the chain it's going to happen. >>> coming up next the trades you should toss out of your portfolio before 2013
the ports shut down. this is the biggest port in the country and the third largest in the world. there are alternatives. of course, the fear for people running these ports is once you get used to going oakland or mexico it is like what do i need to go to l.a. for? >> jane wells joining us from the port of l.a. long beach. >> jane getting it done. kansas city that report mentioned railroads. this is the stock we mentioned a number of times and had a tremendous run up to 84 and pulled...
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Dec 26, 2012
12/12
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CNBC
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we are staring down the barrel of a container cliff as unions are threatening to shut down ports along the eastern seaboard. also, we peer in netflix's christmas eve outage. what does it mean for the company, for the stock? and what did it mean for movie theaters that evening? also, herbalife is getting legal muscle to combat bill ackman's short posture against the company. the question is whether or not it's going to come to reinvestors. i'm down here at the stock exchange. back to you. >> lovely to see you, as ever. thank you very much. >>> gold trading close. we showed you a few moments ago t goldman sachs commodity index barely hanging on to gains this year despite a lot of losing bets, investors are still pumping billions into the sector. jackie deangelis is looking at the winners and losers. >> good afternoon. what we have seen a bit of a correction in commodities. if the index ends the year a little lower, it will be the first decline we've seen since 2008. but you're right, the commodities saw a lot of interest this year. money invested in commodity funds is up 86% year over ye
we are staring down the barrel of a container cliff as unions are threatening to shut down ports along the eastern seaboard. also, we peer in netflix's christmas eve outage. what does it mean for the company, for the stock? and what did it mean for movie theaters that evening? also, herbalife is getting legal muscle to combat bill ackman's short posture against the company. the question is whether or not it's going to come to reinvestors. i'm down here at the stock exchange. back to you....
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Dec 1, 2012
12/12
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CNNW
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the executive director at the port of los angeles tells "outfront" some ships are being diverted to mexico. they bring in 40% of the nation's imports and at this time of the year, that means everything you're buying for christmas. >>> tensions are rising in egypt after assembly members passed a draft constitution today. all 234 articles were approved unilaterally by the muslim brotherhood. that's the party of the president, mohamed morsi. frustrated coptic christians and liberals walked out before the votes because they said their views weren't being heard. the fate of the constitution won't be clear for another two weeks when egyptians get to vote on the draft. >>> the moritanian president is warning tension in mali could backfire. locals could align with rebels. one group they are concerned about is al qaeda in the islamic magreb. that's the group the international community has been trying to oust in that region. mark schroeder tells us that aqim is actually consolidating and getting stronger in the region. without international military intervention, mali's military won't be able to pu
the executive director at the port of los angeles tells "outfront" some ships are being diverted to mexico. they bring in 40% of the nation's imports and at this time of the year, that means everything you're buying for christmas. >>> tensions are rising in egypt after assembly members passed a draft constitution today. all 234 articles were approved unilaterally by the muslim brotherhood. that's the party of the president, mohamed morsi. frustrated coptic christians and...
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478
Dec 28, 2012
12/12
by
KPIX
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as the rest of the country focuses on the political gridlock in washington workers at the port of houston are working overtime trying to get as many shipments in and out as they can before a threatened strike brings the port to a standstill. >> sitting here right now we fully expect there will be some shutdown or strike at the end of the day. >> reporter: jon gold vice president of the national retail federation says a shutdown at the docks would have a ripple effect on the global economy. >> the ports are a primary piece of the puzzle when it comes to the global supply chain. if they're not operating as efficiently as possible it slows down the entire system and hurts the productivity of all of the users of the system. >> reporter: negotiations between the international longshoreman's union and the shipping companies are deadlocked over a proposal to cut royalties paid to nearly 15,000 dockworkers for each ton of cargo they move. shutdown would affect 15 ports from boston down the east coast to florida and into the gulf of mexico, as far west as houston. these ports handle nearly 50% of
as the rest of the country focuses on the political gridlock in washington workers at the port of houston are working overtime trying to get as many shipments in and out as they can before a threatened strike brings the port to a standstill. >> sitting here right now we fully expect there will be some shutdown or strike at the end of the day. >> reporter: jon gold vice president of the national retail federation says a shutdown at the docks would have a ripple effect on the global...
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306
Dec 21, 2012
12/12
by
FOXNEWSW
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eye 306
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port-a-potties from the donation hut where people get food and clothes and eat. they took the port-a-potty away. >>neil: how do they explain that? >>guest: they don't. they want did remove the whole area john 1. >>neil: they are aware the people are stranded? >>guest: they have in heat, no hot water, if you have electric you do not have a kitchen or a bathroom, and if you do there is mood because the sewage overflowed so it and not just seawater it was all kind of contaminations with health issues and everyone is turning a blind eye to this. they were there to see the houses that collapsed but not talk to the residents. >>neil: when you see these guy s file filing through the tv and high fiving each other. >>guest: i don't see it. i could not fill out the paper work because i got burned because of the chemicals in the air. they filled out my paperwork because i could not see because of my eye, and they filled it out and then they said i filled out the paperwork wrong. and they filled it out. >>neil: this is a better way to get the victims the money, rather than g
port-a-potties from the donation hut where people get food and clothes and eat. they took the port-a-potty away. >>neil: how do they explain that? >>guest: they don't. they want did remove the whole area john 1. >>neil: they are aware the people are stranded? >>guest: they have in heat, no hot water, if you have electric you do not have a kitchen or a bathroom, and if you do there is mood because the sewage overflowed so it and not just seawater it was all kind of...
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229
Dec 10, 2012
12/12
by
CNBC
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eye 229
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for example, good at a port. why does the kaber have to be held up for sort of a week or two weeks and not put straight into the country? a lot of international countries saying that's a bigger hit on earnings than 1% or 2% in duty. it's getting this in the increasingly big global supply chain it's the ability to get in and out of a country quickly that is much more important than whether there's a level of tax or excise duty. they are going to work on that today in this session. there are things they can do. they'll do it now. they'll be here. >> i want the tour, ross. i want to feel like i'm in geneva. between that and the maker's market this morning. >> right there, there's the entranceway and that is where all 157, to be 158 soonthe ambassadors will be meeting. we might just go and -- we'll go and take a shot of it. it's quite an impressive place. >> we'll get plenty of coffee to be ready for that. ross westgate from geneva giving us the inside scoop. thank you very much. bob parker from credit suisse is stil
for example, good at a port. why does the kaber have to be held up for sort of a week or two weeks and not put straight into the country? a lot of international countries saying that's a bigger hit on earnings than 1% or 2% in duty. it's getting this in the increasingly big global supply chain it's the ability to get in and out of a country quickly that is much more important than whether there's a level of tax or excise duty. they are going to work on that today in this session. there are...